Functional Apparel Market Forecast, 2022-2031

1. We use cookies for a better user experience. Read our Privacy Policy Agree  INSIGHTS INDUSTRY VERTICALS NEWSROOM ABOUT TMR   Home Consumer Goods & Services Retail  Functional Apparel Market Functional Apparel Market Functional Apparel Market (Type: Sportswear, Outdoor Clothing, Innerwear, Footwear, and Socks; Material: Conventional Fabric and Specialty Fabric) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031 Consumer Goods & ServicesTMRGL37691316 Pages Request Sample Enquiry Before Buying Request Brochure Select License Type Report Preview Table of Contents Request Methodology Single User license $5795 Functional Apparel Market Outlook 2031 Multi-User license $8795 The global functional apparel market was valued at US$ 360 Bn in 2021 Corporate license $11795 It is estimated to expand at a CAGR of 5.9% from 2022 to 2031 The global functional apparel market is expected to reach value of US$ 638.7 Bn by the end of 2031 Buy Now Analysts’ Viewpoint on Global Functional Apparel Market Scenario Functional apparel is waterproof and airtight, breathable, dries quickly, and lightweight. These qualities are the key drivers for the growth of the functional apparel market. The market also witnessed growth, as the COVID-19 pandemic situation presented numerous opportunities for players and manufacturers in the global medical clothing segment. The rise in demand for medical grade gloves, masks, as well as PPE kits resulted in increased traction of the global medical functional clothing market. Moreover, companies operating in the functional apparel market are increasingly engaging in R&D activities to leverage potential growth prospects in performance apparel made of natural fibers such as bamboo, and 

2. corn. Furthermore, the Indian Government’s initiatives such as ‘Make in India’ is expected to boost the demand for locally- produced functional apparel, which is likely to support the overall growth of the market during the forecast period. COVID- 19 A Global Pandemic Request the coronavirus impact analysis on Functional Apparel Market Overview of Global Functional Apparel Market Functional apparel refers to clothes that are worn while performing various activities. They are also appealing and offer basic protection to the wearer. These clothes may vary in design, and are made using technologically advanced fabrics to offer functionality to users, besides providing the utility of essential garments. Functional apparel meets the need of performance and adaptability. Previously, such clothing was limited to the military, sports sector, technology workers, etc. Get COVID-19 Analysis The world's leading designers and textile engineers work to produce high-quality functional garments, and considerable investments take place in the development of new and innovative products and technologies in the military, sports sector, etc. However, this technology used in the military or sports sector is now employed in the production of urban and casual clothing as well. Trending Reports Flash Accessories Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031  The rise in outdoor activities across the world is one of the key factors propelling the growth of the global functional apparel market. The growing adoption of western lifestyles and increasing millennial population drive the functional apparel market.

3. According to the Outdoor Industry Association (OIA), more than half of the U.S. population - 160.7 million Americans, participate in outdoor recreational activities, including skiing, mountain biking, mountaineering, snowboarding, track running, and hiking. Curtain Walls Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031  Request a sample to get extensive insights into the Functional Apparel Market Swim Watch Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025  Rise in Demand for High-performance Application-specific Apparel to Drive Global Market Supporting the growth of the functional clothing market is the increase in demand for high performance, application- oriented clothing and footwear associated with rise participation in sports and fitness activities. Smart and functional apparel manufactured using advanced technology are usually made of polyester or microfiber fabric that absorbs sweat from the body in the fabric area, where it evaporates. These clothes help athletes stay dry and comfortable. The rise in sports interest is a key factor driving the active clothing market. Snow Helmets Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026  Moreover, changing fashion trends and increasing number of working women will encourage the need for non-athletic shoes. In addition, a growing awareness of the importance of health and fitness is likely to result in the need for sportswear and footwear in the upcoming years. Increasing tendency of people to exercise encourages them to participate in gymnastics or exercise activities in order to stay healthy and active. Globally, work-related stress and high-calorie diets have raised awareness of health problems among people. People have chosen to wear clothes with functional fabrics during exercise, and even casual work. Sports Sunscreen Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027  Over the years, the need for stain removal has been growing. Fluorocarbon forms a super-strength film that provides high resistance to both oil and water-based stains. However, the use of such a casting finish often makes the fabric hard. The extensive use of softeners may be needed to prevent the hardening caused by the use of fluorochemical finishes. For instance, amino functional silicones provide excellent softness to cotton fabrics but appear to be more damaging to stain removers and stain-releasing properties provided by fluorochemicals. New silicone chemicals continue to be tested to develop not only compatible softeners, but also show a synergistic effect on fluorocarbon depletion as their applications continue to grow. The demand for functional apparel is expected to grow in the near future with the development of these new products. High Investments in R&D Activities by Key Players to Drive Functional Apparel Market Fabrics are made hi-tech by using chemicals and other methods, which are not eco-friendly. However, today’s consumers are highly conscious of the environment and demand eco-friendly performance clothing. In such a scenario, players operating in the functional apparel market have started R&D activities to introduce innovative performance apparel that are natural as well. Some apparel manufacturers have started utilizing the potential of natural fibers such as bamboo-, soy-, and corn-based fiber.

4. Manufacturers are experimenting with organic and recycled fabrics, and several of them have launched green functional apparel made of organic and recycled fabrics. Recycled polyester is mostly used for this purpose. Conversely, a combination of recycled polyester and organic cotton is used for producing eco-friendly performance apparel. These fabrics can perform well even in highly demanding conditions such as extremely hot and humid climates and extremely cold climates. The last two decades have seen a significant rise in the rate of participation of people in sports and other fitness activities. Popular brands such as Adidas and Mizuno sponsor sports events. With increase in the number of sports events, the demand for superior functional apparel is likely to increase, and this, as a result, will boost the production of functional apparel. Hi-tech apparel helps athletes perform better in training sessions and avoid accidental injury or infection. Request a custom report on Functional Apparel Market Preference for Conventional Fabric Due to High Strength and Sustainability Conventional fabric has more strength and sustainability, and therefore, is widely used in the outdoor clothing industry. Natural fibers found in plants and animals include cotton, silk, linen, wool, hemp, jute, and cashmere. Polyester and cotton are widely used fabrics in functional apparel across the globe. Cotton is a key cash crop in Asia Pacific. The production of abundant raw materials is resulting in the increased production of functional apparel in the region. Blended varieties of fabrics are also growing due to significant features of artificial and natural yarn, thus opening up new markets and growth opportunities. In terms of material, polyester held key share in 2021, as it is durable, resistant to most chemicals (and to stretching & shrinking), wrinkle-resistant, and resistant to mildew and abrasion. Prominent Regions in Global Functional Apparel Market Apparel is a prominent labor-intensive manufacturing industry in Asia. China, Bangladesh, Vietnam, and India are four of the largest apparel exporters in the world. Other than China, apparel production has been rising in low-cost alternative destinations such as India, Vietnam, Bangladesh, Cambodia, and Pakistan. Economic and demographic transition in Asia Pacific is leading to increased production of functional apparel in this region. Asia Pacific is estimated to have a significant presence in the active clothing market, as the region is a global manufacturing hub, providing employment to millions of people in the sector. The widespread use of functional clothing such as life jackets and life-saving suits in tourist attractions of the region such as Singapore, Japan, South Korea, Thailand, and Malaysia, has accelerated the use of such products.

5. In North America, apparel was among the first industries to be lost to offshore manufacturing. The trend of labor- intensive apparel industry began as companies chased cheap labor. Presently, only about 3% of North America’s consumption is domestically sourced; however, the domestic industry is starting to recover. The functional apparel market in North America is mainly driven by the presence of numerous local brands such as American Giant, which have their manufacturing facilities in countries such as Canada, and Mexico. Irrespective of the fact that large brands such as Nike have their production facilities outside of North America, the market is dominated by small domestic players. This is propelling the production of functional apparel in the region. Besides, in the global functional apparel market, the footwear segment held a major market share. The segment is estimated to grow at the highest CAGR during the forecast period. The non-athletic footwear segment accounted for a more prominent share as compared to the athletic footwear segment. The functional footwear manufacturing in Mexico is focused in the city of Leon. Factories and workshops in Leon account for about 68% of all shoes made in Mexico. The two other important manufacturing areas for footwear are Guadalajara and Mexico City.   The apparel industry in Germany is the largest in Europe and is a prominent part of the global apparel industry. This is due to cutting-edge technology and competitive labor costs. Availability of raw materials and lower labor costs result in increased production of functional apparel in Germany. Analysis of Key Players in Global Functional Apparel Market Detailed profiles of providers of functional apparel have been given in the report to evaluate their financials, key product offerings, recent developments, and strategies. Leading players in the functional apparel market are spending significant sums on comprehensive research and development, primarily to develop environment-friendly products. Diversification of product portfolios and mergers & acquisitions are the key strategies adopted by prominent players. Prominent players operating in the global functional apparel market are Adidas AG, Asics Corporation, Calvin Klein, HanesBrands Inc., Head Icebreaker, Jockey International, Mizuno Corporation, Nike Inc., Puma SE, Russell Brands, LLC, Skechers USA Inc., Umbro, and Under Armour Inc. among others. Key Developments in Global Functional Apparel Market Some key developments and strategies adopted by manufacturers in the global functional apparel market are highlighted below: In February 2021, Hanesbrands Inc. and Belle International entered into a licensing agreement to introduce a line of footwear and accessories under the Champion brand to serve consumers in China In July 2020, Loyal Textile Mills in partnership with Reliance Industries and HeiQ announced the launch of its operational clothing line in the range of reusable personal protective equipment

6. In February 2019, Adidas released the Nite Jogger, a modern iteration of the original silhouette that began in the late 1970s. Using the advanced technology of its predecessors, the 2019 Nite Jogger is designed for morning and evening runners. It features a nylon with details such as a tab pull system, a heel counter that extends all over the middle of the shoe, and a white BOOST midsole. Global Functional Apparel Market Snapshot Attribute Detail Market Value in 2021 (Base Year) Size US$ 360 Bn Market Forecast Value in 2031 US$ 638.7 Bn Growth (CAGR) Rate 5.9% Forecast Period 2022-2031 Quantitative Units US$ Bn for Value and Million Units for Volume Global qualitative analysis includes drivers, restraints, opportunities, key trends, upcoming key trends, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, technology analysis, regulatory analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, and key supplier analysis. Market Analysis Market Player – Competition Dashboard and Revenue Share Analysis 2020 Competition Landscape Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, COVID-19 Response, Strategy & Business Overview)

7. Regions Covered North America Europe Asia Pacific MEA South America Market Segmentation Type Sportswear Outdoor Clothing Innerwear Athletic Innerwear Non-Athletic Footwear Athletic Footwear Non-Athletic Socks Athletic Socks Non-Athletic Socks Material Conventional Fabric Polypropylene Cotton Bamboo Wool Polyester Specialty Fabric

8. Neoprene Spandex Others Functionality Protective- Functional Environmental Hazards Protection Biological, Chemical, and Radiation Hazards Protection Injury Protection Medical Functional Therapeutic and Rehabilitation Clothing Bio- sensing clothing Vanity Clothing Others Specification Chemical Resistant Flame Resistant Water Resistant Heat Resistant Extreme Cold Resistant Radiation Resistant Moisture Resistant Others (Sweat Absorbing, etc.) Size Small Medium Large

9. Others (XXL, XS) End-user Men Women Kids Price Low Medium High Distribution Channel Online Company-owned Websites E-commerce Websites Offline Hypermarkets/Supermarkets Others Companies Profiled Adidas AG Asics Corporation Calvin Klein Hanes Brands Inc. Head Icebreaker Jockey International MIZUNO Corporation Nike Inc. Puma SE

10. Russell Brands, LLC Skechers USA Inc. Umbro Under Armour Inc. Timberland LLC Customization Scope Available upon Request Pricing Available upon Request Frequently Asked Questions What is the functional apparel market size? ❯ What is the CAGR of the functional apparel market? ❯ What are the key factors driving the functional apparel market? ❯ Which type segment contributes largest share to the functional apparel market? ❯ Which region is more attractive for vendors in the functional apparel market? ❯ Who are the key players in the functional apparel market? ❯

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